Multi-Manager Unitization Implementation Specialist MMH250429-1

Role Purpose

This Position Is Located Within The Momentum Group Investment Services Based Centurion Head Office Or Cape Town Parc Du Cap Office. The Successful Candidate Will Perform Specialized Multi-Manager Unitization Implementations Activities Within The Group Investment Services (GIS). This Will Include, But Not Be Limited To

• Portfolio structure implementation, cash flow management oversight and specialized fund transition activities.
• Specialized oversight and analysis of daily NAV and price monitoring. This would also include ad hoc unit price rebuilds, Impact assessment and client product performance validation.
• Perform Policyholder fee accrual calculation review and oversight including but not limited to accruals such as Management fees:
• Capital Gains Taxes in accordance with Schedule 8 of the Income Tax Act
• Other allowable asset-based taxes such as Dividend Withholding Tax and Real Estate
• Investment Trusts Income Tax
• Perform business process impact of strategic new client onboarding and portfolio initiatives and redesign of existing processes as required,
• Collaborate with GIS Management team as well as other functional areas to design, implement and monitor all relevant processes within an appropriate risk control framework.
  
  
Requirements


• Bcom degree or qualification
• A minimum of 5 – 7 years’ experience in the Investment Operations environment, especially multi-manager investment administration environment or Asset management
• Knowledge of Unitization systems such as Interlink or any Multi manager and Pooled fund administration would be advantageous,
• Knowledge of Investment Administration systems such as InvestOne, HiPort, Eagle One AIMS, SMAC, etc would be advantageous,
• Knowledge of Asset based taxes such as Capital Gains Tax and Dividend Withholding Tax would be advantageous,
• Knowledge of budgeting processes and variance analysis would be advantageous,
• Ability to work without supervision but also able to collaborate with team members and senior management,
• Good communication skills
• Project management skills will be beneficial
• Technical aptitude
• Detail orientated
• Be able and willing to work on specialized projects on planned weekends
  
  
Duties and Responsibilities


• Coordinate client/portfolio take-on and disinvestment activities through implementation of take-on templates and management of all static data within the unitization system and internal GIS systems
• Perform Daily NAV Oversight function including in-depth investigation and analysis into Policy holder product pricing queries including, but not limited to: Derivation of prices in conjunction with relevant pricing inputs
• Daily oversight of cash flow management activities implemented in unitization system which include rebalancing, switches and structure changes.
• Provide technical advice and expertise regarding portfolio structure construction and fee implementation within GIS Unitization systems.
• Ensure asset allocation views are implemented and aligned to client/portfolio resolutions received and instructed by mandate owners and Momentum Investments team.
• Understanding of asset-based taxes, CGT, REIT, and DWT calculations within unitization space
• Performs specialized projects and duties relating to Portfolio transitions, structure change and amalgamations.
• Management of all clients, portfolio, and Fund Manager Fees, including processing, attribution, variance checks and detailed reporting on all fees
• Perform quarterly system access management reviews to determine accuracy of access granted relevant to all user’s current job responsibilities and supports proper segregation of duties within their division
• Monitor and resolve any data integrity issues within all unitization systems
• Continuously review and update operational processes to reduce risk and improve efficiency.
• Co-ordinate / assist with various strategic initiatives within Group Investment Service.
• Maintain detailed documentation of all processes within the Specialized Investment Operations team
• Perform incident analysis and incorporate findings into process improvement
• Share and transfer product, process, and systems knowledge to colleagues.

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